Tue, Jul 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Total number of single-manager hedge funds reached record level of 7,867 in 3Q12: hedge fund news, week 50

Saturday, December 15, 2012

In the week-ending 14 December 2012, Hedge Fund Research reported that new hedge fund launches and liquidations had maintained the pace of recent quarters in 3Q12 despite macroeconomic risks, political uncertainties and regulatory changes; Michael Cagney, a hedge-fund manager backed by China’s largest social-networking website, is starting a series of loan funds that targets Ivy League graduates; and UK-listed F&C A. M. launched the F&C Real Estate Equity Long/Short UCITS fund.

Horton Point LLC, a systematic trading firm based in New York, is now moving into the incubation business and is raising a private equity fund to serve as a seeding vehicle for a number of systematic traders; and SAIL Advisors said it was searching for strategies including long/short credit, relative value and long/short equity hedge funds for allocations next year.

WSJ reported that around eight hedge funds closed down in November and early December due to uncertain markets, tighter regulations and investors’ short-term horizons; and Martin Currie said it would shut down its long/short equity strategy China Hedge Fund after the firm got a $14m fine from U.S. and UK regulators.

The HFRI Fund Weighted Composite Index posted 0.35% gains in November (+4.9% YTD); the Bloomberg Hedge Funds Aggregate Index climbed 0.2% (+1.4% YTD); the Hennessee Hedge Fund Index was up 0.36% (+5.47% YTD); the Barclay Hedge Fund Index gained 0.40% (+6.36% YTD): the EurekaHedge index was up 0.52% (+4.51% YTD); the SS&C GlobeOp Hedge Fund Index went up 0.77% (8.9% YTD); the UCITS HFS Index was up +0.32% (+3.06% YTD); and the Newedge CTA Index lost 0.15% (-3.07% YTD).

North Asset Management’s MaxQ reported positive performance YTD with 13% gains; Blackheath’s Volatility Arbitrage Strategy Fund ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass